TYLER TECHNOLOGIES INC — Director's Dealing 2016

Mar 4, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TYLER TECHNOLOGIES INC (TYL)
CIK: 0000860731
Period of Report: 2016-03-03

Reporting Person: King Luther Jr (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-03-03	Common Stock	M	5000	$10.26	Acquired	59754	Direct
2016-03-03	Common Stock	S	417	$123.45	Disposed	59337	Direct
2016-03-03	Common Stock	M	5000	$11.93	Acquired	64337	Direct
2016-03-03	Common Stock	S	485	$123.37	Disposed	63852	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-03-03	Option	$10.26	M	5000	Disposed	2016-05-18	Common Stock (5000)	Direct
2016-03-03	Option	$11.93	M	5000	Disposed	2017-05-17	Common Stock (5000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	189379	Indirect

Footnotes

F1: Shares sold to pay the aggregate exercise price of the corresponding stock options exercised.

F2: Represents shares of common stock held by clients of Luther King Capital Management Corporation, an investment advisory firm controlled by Mr. King. Mr. King expressly disclaims beneficial ownership of such shares of common stock except to the extent of his pecuniary interest therein.

F3: Option vested 1/3 on 5/18/2007, 1/3 on 5/18/2008, and 1/3 on 5/18/2009.

F4: Total vested options held as of the reporting date.

F5: Option vested 1/3 on 5/17/2008, 1/3 on 5/17/2009, and 1/3 on 5/17/2010.